Brief: Shape Robotics Enters Partnership Agreement With Samsung Electronics

Shape Robotics A/S

22/06/2022 08:19

June 22 (Reuters) - Shape Robotics A/S  SHAPE.CO :
    * SHAPE ROBOTICS ENTERS A PARTNERSHIP AGREEMENT WITH SAMSUNG
ELECTRONICS AND INCREASES FINANCIAL EXPECTATIONS FOR THE YEAR
    * COMPANY EXPECTS TO ACHIEVE POSITIVE EBITDA IN SECOND HALF
OF
FINANCIAL YEAR 2022
    * AGREEMENT BETWEEN TWO LEADING TECHNOLOGY MANUFACTURERS
MEANS
THAT SHAPE ROBOTICS WILL BECOME PART OF SAMSUNG DISTRIBUTORS'
POOL IN ROMANIA AND BULGARIA
    * SHAPE ROBOTICS HAS NOW ENTERED A HISTORIC PARTNERSHIP WITH
SAMSUNG ELECTRONICS AND ARE INCREASING REVENUE GUIDANCE FOR 2022
    * GUIDANCE 2022: REVENUE 2022: DKK 75-85 MILLION
    * REVENUE GROWTH IS EXPECTED TO OCCUR PRIMARILY IN Q3 AND Q4
OF
2022 AND WILL THEREFORE NOT BE REFLECTED IN HALF-YEAR FINANCIAL
STATEMENTS
    * GUIDANCE EBITDA 2ND HALF 2022: DKK +2 TO +4 MILLION

Source text for Eikon:  ID:nWkrbK49Cp 
Further company coverage:  SHAPE.CO 

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